Bicycle Tire Price in Romania - 2023
Contents:
- Bicycle Tire Price in Romania (CIF) - 2023
- Bicycle Tire Price in Romania (FOB) - 2022
- Bicycle Tire Imports in Romania
- Bicycle Tire Exports in Romania
Bicycle Tire Price in Romania (CIF) - 2023
In August 2023, the average bicycle tire import price amounted to $5.5 per unit, falling by -14.4% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 an increase of 38% m-o-m. Over the period under review, average import prices attained the peak figure at $6.7 per unit in November 2022; however, from December 2022 to August 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($14.6 per unit), while the price for India ($3.3 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Indonesia (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Bicycle Tire Price in Romania (FOB) - 2022
In 2022, the average bicycle tire export price amounted to $5.9 per unit, with a decrease of -24.3% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 58% against the previous year. Over the period under review, the average export prices hit record highs at $14 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($21 per unit), while the average price for exports to Italy ($3.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+16.1%), while the prices for the other major destinations experienced more modest paces of growth.
Bicycle Tire Imports in Romania
In 2022, imports of new pneumatic tyres for bicycles into Romania reduced sharply to 2.5M units, declining by -16.3% on the year before. Overall, imports faced a abrupt shrinkage. The growth pace was the most rapid in 2021 when imports increased by 41%. Imports peaked at 3.5M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, bicycle tire imports reduced to $12M in 2022. The total import value increased at an average annual rate of +2.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 53% against the previous year. As a result, imports attained the peak of $13M, and then fell in the following year.
| Import of Bicycle Tire in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 3.0 | 3.6 | 5.9 | 5.2 | 20.1% |
| China | 1.1 | 0.9 | 2.3 | 1.7 | 15.6% |
| Germany | 0.8 | 1.2 | 1.8 | 1.6 | 26.0% |
| Vietnam | 0.4 | 0.2 | 0.6 | 1.2 | 44.2% |
| India | 0.2 | 0.1 | 0.4 | 0.7 | 51.8% |
| Indonesia | 0.1 | 0.1 | 0.1 | 0.6 | 81.7% |
| France | 2.3 | 1.0 | 0.4 | 0.2 | -55.7% |
| Sri Lanka | 1.8 | 0.8 | 0.4 | 0.2 | -51.9% |
| Others | 1.7 | 0.7 | 1.4 | 0.9 | -19.1% |
| Total | 11.4 | 8.7 | 13.2 | 12.3 | 2.6% |
Top Suppliers of Bicycle Tire to Romania in 2022:
- Thailand (1254.2K units)
- China (363.5K units)
- India (242.5K units)
- Germany (187.0K units)
- Vietnam (155.2K units)
- Indonesia (109.9K units)
- Sri Lanka (52.3K units)
- France (25.8K units)
Bicycle Tire Exports in Romania
In 2022, bicycle tire exports from Romania shrank dramatically to 83K units, declining by -31.6% on 2021. In general, exports saw a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 171% against the previous year. Over the period under review, the exports attained the peak figure at 125K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, bicycle tire exports contracted significantly to $489K in 2022. Overall, exports recorded a sharp reduction. The growth pace was the most rapid in 2021 with an increase of 53%. Over the period under review, the exports attained the maximum at $1.1M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Bicycle Tire in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 54.4 | 8.2 | 230 | 168 | 45.6% |
| Italy | 39.1 | 51.6 | 199 | 117 | 44.1% |
| France | 714 | 339 | 219 | 88.0 | -50.2% |
| Germany | 8.6 | 9.4 | 45.3 | 33.9 | 58.0% |
| Bulgaria | 20.6 | 24.3 | 24.7 | 30.5 | 14.0% |
| Moldova | 23.4 | 30.0 | 23.8 | 21.7 | -2.5% |
| Hungary | 0.1 | N/A | 1.6 | 15.2 | 433.7% |
| Japan | 103 | 114 | 169 | N/A | 28.1% |
| Others | 168 | 42.4 | 32.7 | 15.2 | -55.1% |
| Total | 1,131 | 619 | 944 | 489 | -24.4% |
Top Export Markets for Bicycle Tire from Romania in 2022:
- Italy (35.0K units)
- Portugal (27.1K units)
- Moldova (4.4K units)
- France (4.1K units)
- Hungary (3.9K units)
- Germany (3.1K units)
- Bulgaria (2.8K units)
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